Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: stock bull who wrote (66248)	9/19/1998 6:43:00 PM
From: jbn3	Read Replies (3) \| Respond to of 176387

Stock Bull, regarding sale of stock by insiders.... Hard to say what's normal. If you go back to the post to which that one responded, (36151) and the ones before it (36150, 31641), you may get a better feel. One of the BIG difficulties in assessing insider trading is that we have no idea of the number of options still held by the insiders who have sold. And of course, we also have no idea of what was done with the proceeds, though we know a chunk went to Sam. Did they buy a new home, lamborghini, DELL LEAPs, or CPQ? Were they just preserving a certain amount of capital, because of the uncertain world economic picture? Does anyone know if an insider is required to report options trades? We also know that when an insider exercises a stock option, there exist very cogent tax reasons to sell the stock at once, so excercise and sale go hand-in-hand. Also, note that the selling took place roughly a month ago... immediately prior to the 18-point drop. I suspect that the selling may have been a BIT heavier than usual, but cannot verify it. Also, note that DELL insider selling, as nearly as I can tell, ALWAYS occurs in the week after earnings announcement. I also suspect that the bears will try to make this a 'cause celebre'. Short-term, it may present an 'opportunity'. Long term, I'm not going to worry about it. DELLish, 3.

To: stock bull who wrote (66248)	9/20/1998 12:44:00 PM
From: jbn3	Respond to of 176387

Stock bull, regarding insider sales... Been thinking about it some more. As Rudedog pointed out, there is a narrow window for insiders to sell, so that may help explain the number of trades shown. I think that this is the best window for the Christmas season, if one is considering 'large ticket' items. Another thing to consider: DELL has been growing so rapidly that there are probably more "insiders" to sell. And there probably are DELL insiders who, like all of us, even though they know that DELL is doing well, are worried about external market conditions. As I stated, earlier, though. I'm not worried. Regards, 3.